Open interest data is still negative and this short pullbacks are might create a trap. bearish flag pattern is well built. Once NSE:NIFTY break, 15000-14900 levels will offer us a new bottom soon. follow, like, share
Looking for 2000 levels. A very old support. Breaking which 1950 1900
DLF has reached at a critical level from where it has given a bounce 3 times but this time RSI is not oversold so there is a chance of breakdown. If, breakdown is witnessed than short for target of 280 with a stop of 20EMA. BREAKDOWN LEVEL :- 302 And, also can hold short till RSI reaches 27.5. If, bounce witnessed than long for target of 345 with a stop of 298.
GBPUSD First Short then Long, As market is following a head & Shoulder pattern, so it is expected to reach to the level of up arrow drawn, but before it reaches to this point, market will take a re-test to the neckline of head and shoulder pattern happy profitable day guys
This chart illustrates the movement of bank nifty 32350 will be the area of support which will be required to short the market further and this can be easily broken down if the market conditions do not become better. Inflation High Dollar Index Cheaper Rupee / Depreciation in rupee value Increasing crude oil prices Increasing Commodity prices Lower...
Nifty - Nifty fut Short of buy Nifty 15800 PE Nifty short target 15700-15650- 15600+ 1-2 days view Sl above 15880
NIFTY Looks Like Forming Next Lower High Below 18000 IF 18000 Act as a Big Resistance Expecting Lower Low to reach 15000 or Higher low @ 16400 rang IF 18000 Gets Break Can See a Good Uptrend
This scrip is highly overvalued, and fair value is around 888 (personal view after deliberating fundamentals). Currently, Wyckoff distribution is playing out, and further downside is expected. Fundamentally, scrip is strong, but it is highly overvalued due to excess liquidity. With each interest rate hikes, the fair value, which is 55% of the highs of pre-covid...
Head and shoulder breakdown is on its verge below 225. Stay tuned
SBIN Short @ 540-550 range Targets 530- 520- 505- 490-465- 450+
SONACOMS - Bearish In a short term look bullish... But the trend is falling wedge, only bullish when it breaks the falling wedge pattern... Educational purpose...
SUMMARY DXY@104.6 USD/INR@ATH US-10Y@3.2% US MKT HAS STARTED FACTORING A RECESSION ON FRIDAY I HAD TOLD EVERYONE THAT WATCHOUT FOR ECO DATA INFLATION CAME HIGHER SO FED WILL HAVE TO BE MORE AGGRESSIVE IN AN SCEANARIO WERE JOB DATA WAS BAD AND UNEMPLOYEMENT CLAIMS ROSE WHAT DOES IT MEAN -it is an indicating of stagflation -were fed is in raising interest...
#GRASIM ready for Breakdown chart structure very weak expected tgt @1290
In this chart, 1Day time frame we can see the triple top Pattern Currently the price is in neckline and retesting. After Retesting there will be a good chance of fall.
EURUSD SHort, Because of support resistant, trend line and wave analysis i a expecting a downfall in market i knew i am quite late in posting this position, actually i forgot happy trading day guys
EURUSD Long, because of support resistant trendlines and candlestick pattern happy trading day guys
GBPJPY Short, because of support, resistant, trendlines and candlestick pattern happy trading day guys
GBPUSD Short, because of support resistant trendlines and candlestick pattern happy trading day guys